Retail & Commercial

New York Community Bancorp, a $44.6 billion-asset company, said Monday it has named Lawrence Savarese a director.

International Bancshares (IBOC) in Laredo, Texas, is declaring a dividend and buying back shares.

Large bank holding companies have positioned themselves aggressively for a rise in interest rates, based on levels of short-term assets and liabilities. Smaller holding companies have not.

Members of HarborOne CU are mailing in their votes to determine whether the second largest credit union in Massachusetts will convert to a mutual savings bank.

The $443 million-asset company said Monday it has named Jennifer Bott, William McConnell Jr., and Michael Wells directors. The appointments expanded Ameriana's board to 10 members.

Tampa-based Gries Investment Funds has moved a step closer to completing its first bank acquisition.

A federal appeals court has reinstated a class-action lawsuit that charges a defunct subprime lender and several banks with misleading investors in the run-up to the financial crisis.

1st Capital Bank (FISB) in Monterey, Calif., has erased the "interim" from its chief executive's title.

Traditional lenders argue that state bans are merely driving consumers to Internet-based lenders that are largely unregulated and don't pay U.S. taxes.

A BusinessWeek cover sparked controversy recently because many saw it as racist. But it also stirred concerns because it reinforced a persistent myth about the financial crisis: that it was caused by predatory borrowers, not lenders.